---
title: "Why Is Oklo Stock Jumping Today?"
description: "Shares of Oklo (OKLO) rose 6.4% on Tuesday, driven by positive news including a buy rating from Canaccord Genuity and selection for two Department of Energy pilot programs. Canaccord set a price targe"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261124721.md"
published_at: "2025-10-14T19:16:04.000Z"
---

# Why Is Oklo Stock Jumping Today?

> Shares of Oklo (OKLO) rose 6.4% on Tuesday, driven by positive news including a buy rating from Canaccord Genuity and selection for two Department of Energy pilot programs. Canaccord set a price target of $175 for Oklo. The company aims to support advanced reactors with new fuel-fabrication facilities. However, Oklo faces challenges in technology development and financing, which may involve significant debt or shareholder dilution.

Shares of **Oklo** (OKLO 5.80%) are rising on Tuesday, up 6.4% as of 2:07 p.m. ET. The move comes as the **S&P 500** (^GSPC 0.29%) gained 0.2%, while the **Nasdaq Composite** (^IXIC -0.21%) lost 0.3%.

A string of positive news stories from the past several weeks, including a new buy rating from **Canaccord Genuity** analysts and the company's selection by the Department of Energy (DOE) to participate in a new pilot program, is lifting shares of the nuclear energy company.

## A positive review

The investment bank Canaccord Genuity initiated coverage of Oklo last week. In its first analysis, Canaccord gave Oklo stock a buy rating and set a price target of $175.

The company was also just selected for its second DOE pilot program. The Advanced Nuclear Fuel Line Pilot Project will see the company "build and operate three fuel-fabrication facilities to support the deployment of advanced reactors." It was also selected for the DOE's Energy Reactor Pilot Program.

Image source: Getty Images.

## Oklo has a long road ahead

With the artificial intelligence (AI) data center expansion continuing to accelerate, the U.S. electrical grid is strained. Oklo's reactors could help solve this; its small model reactors (SMR) are a great fit to power data centers directly.

But the company is still developing the technology. And even if it successfully does, this is an incredibly capital-intensive space. Oklo will have to finance the construction of these reactors, which will mean either taking on significant debt or diluting shareholders.

### Related Stocks

- [OKLO.US - Oklo](https://longbridge.com/en/quote/OKLO.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
